Grant County, Kentucky
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Grant County Compares
Detailed Income Statistics
Income Advisory: Grant County
Income Verdict
Grant County has a median household income of $67,940 and per capita income of $30,603 — a gap of $37,337, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $855/month and a median household income of $67,940, rent consumes approximately 15.1% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $67,940 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $30,603 is in line with national norms for individual earners.
Neighbor Context
Grant County earns approximately 21.5% above the Kentucky state median household income of $55,909, positioning it favorably within the state.
Data Story
About Household Income in Grant County, Kentucky
Grant County earns above the national average
Grant County's median household income of $67,940 exceeds the U.S. median of $74,755 by 9.1%, placing it solidly in the upper-middle range nationally. This strong showing reflects a more affluent economic profile than most Kentucky communities.
Ranks in Kentucky's top quarter
At $67,940, Grant County's median income runs 21.5% higher than Kentucky's state average of $55,909, positioning it among the state's most prosperous counties. The county consistently outearns typical Kentucky households.
Grant leads neighboring counties
Grant County's $67,940 median household income outpaces nearby Hancock County ($66,836) and Hardin County ($67,608), making it a regional income leader. Only Hardin County comes close to matching Grant's earning power.
Housing remains affordable here
With a rent-to-income ratio of 15.1%, Grant County residents spend a reasonable share of earnings on housing—well below the 30% threshold for housing affordability. A median home value of $185,500 aligns well with the median household income, supporting sustainable homeownership.
Build on strong earning foundation
Grant County's above-average income creates opportunity for financial growth through disciplined saving and investment. Consider working with a financial advisor to maximize retirement contributions and diversify assets while housing costs remain manageable.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Grant County
Your income is above the Grant County median
County median: $67,940 per year
vs. County Median
+0%
vs. State Average
+22%
vs. National Median
-9%
Income Adequacy
Your monthly income ($5,662) vs. median rent ($855/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.